When the rate reductions of -12.5% to -17.5% we predicted for Q2 came true for many, we saw a lot of smiles on the faces of insurance buyers. The reductions, and the smiles, continue. In fact we are n... Continue reading →

Fortunately for employers who are actively trying to engage their workforce, there are some fascinating modern theorems and analyses around this concept that might offer the key to sustainable behavio... Continue reading →

Tag Archives: pollution

An employee at a leading pipeline company, responsible for a massive jet fuel leak near Mitchell International Airport that cost $19 million to clean up, has agreed to plead guilty to federal criminal charges this week in the United States. Continue reading →

Authority-driven incentives and enforcement are needed if we are to expect environmental insurers to bear the social responsibility of reducing pollution events in countries where pollution liability insurance is compulsory. Continue reading →

In a recent report, the UK International Underwriting Association (IUA) provided several useful illustrations of the potential environmental exposures facing all kinds of businesses. These scenarios have one thing in common. They highlight the fact that criminal fines are really … Continue reading →

At the end of last year a Hungarian aluminium producer was fined 472 million euros over a spillage of toxic sludge that killed ten people. Added to that the Environmental Liability Directive (ELD) adds a significant new regulatory burden to businesses … Continue reading →

Prosecutions under the Environmental Liability Directive (ELD) are rare or non-existent in many EU member states and potential buyers of environmental insurance remain ‘in the dark’ over the benefits of such cover and how the regime affects their operations. That … Continue reading →

Smog in China, and particularly in Beijing, has reached hazadrous levels. What is causing such dangerously high pollution in the country, and what could be done to try and reduce it? Continue reading →

That the traffic in the capital of the world’s most populous nation is a nightmare is well-known to its inhabitants, and it is often ranked as the worst city in the world for traffic congestion. Continue reading →

The Concordia, which is owned by Carnival Cruise Lines, may very well sink the Titanic's marine loss record. Chris Bhatt of Willis Marine practice discusses the incident's significance in the marine insurance world, both from a hull loss and liability perspective. Continue reading →

We’ve all heard a lot in the news lately about some rather large and very damaging environmental catastrophes: the nuclear contamination that followed the earthquake and tsunami in Japan, the release of toxic sludge at a metal refinery in Hungary, … Continue reading →